Quality client bank - 30 clients with almost £250,000 invested on average.

Current turn over circa: £ 75,000

Offers over: £ 165,000

Established: 5-10 years

Gross Recurring Revenue: 30-50k

Number of staff: 0-1

Locations: Darlington

Additional Notes: Goodwill and asset purchase i.e. no liability for previous advice.

30 client households with close to £250,000 invested on average. Average client charge of less than 1%.

FUM £6 mill - £7mill. FUM all sat on Transact.

Deal structure of 3.25x recurring income with 50% upfront and 25% at the end of 12 months and 25% at the end of 24 months.

For more information please call 01765 698 699 and quote the reference number 30079 ask for Byron Snaith